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14740 Descanso Drive, Lake Mathews, CA 92570

$935K4bd · 3ba · 3,054 sqft
Lot 111,514 sqft•Single Family Residence•
Active
•43d on market•MLS# IV-26206796

Property Description

Experience the space, privacy, and freedom of country living without giving up convenient access to the city. Tucked into the sought-after Lake Mathews foothills, this distinctive equestrian property offers an exceptional combination of panoramic views, thoughtfully designed horse amenities, and a custom home surrounded by usable land. Positioned on a spacious corner lot, the residence sits above the surrounding landscape, creating a private setting with sweeping vistas of the mountains, lake, hills, and distant city lights. Multiple outdoor areas allow you to take in the scenery throughout the day, from peaceful mornings to spectacular evening sunsets. For the equestrian enthusiast, the property is equipped to accommodate both horses and hobbies. The horse facilities are thoughtfully separated from the main residence and include stalls, a tack room, a dedicated second garage, a separate corral, and an expansive lighted arena designed with barrel racing in mind. The home itself offers an inviting blend of comfort and character. Vaulted ceilings, hardwood and ceramic tile flooring, French doors, and custom wrought-iron details create an open yet distinctive interior. Two wood-burning fireplaces—including one in the primary suite—add warmth and ambiance. The spacious primary bedroom takes full advantage of the setting with beautiful views, a large walk-in closet, and a private balcony where the city lights become part of the evening backdrop. A lower-level bedroom and full bathroom provide flexibility for guests, multigenerational living, or a private office space. Step outside and discover even more opportunities to enjoy the property. Front and rear balconies provide multiple vantage points for taking in the surrounding scenery, while a welcoming patio with a fountain creates a charming outdoor gathering space. Raised garden beds offer the opportunity to grow fresh herbs, vegetables, and flowers, while a dedicated chicken coop adds to the property's country-living appeal. Extensive fenced grounds and a detached storage shed provide additional space for animals, equipment, hobbies, and outdoor projects. All of this is set in a peaceful foothill environment that feels wonderfully removed from the hustle and bustle, while remaining conveniently close to Riverside and Corona. This is a property where the possibilities are as expansive as the views.

Features & Amenities

FeeBuilt 1975

Property Details

Land Type
Fee
Year Built
1975
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills, Mountain(s)
Flooring
Carpet, Tile, Wood
Roof
Spanish Tile
City
Lake Mathews
Zip Code
92570
County
Riverside
Listed byCOLDWELL BANKER REALTY, SARA Y BERESFORD

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,727.87
Principal & Interest
Loan Amount
$748,000
Total Interest
$954,033
Total Payment Over 30 Years
$1,702,033
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 3 active · 5 closed

14740 Descanso Drive, Lake Mathews, CA 92570

Lake Mathews · Single Family Residence

$935K
Luxury Tier
Beds
4
Baths
3
Sqft
3,054
Lot
2.56 ac
Year
1975
$/Sqft
$306
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 6.9% below the median closed sale of $1,004,000. Price per sqft ($306) is a 20% discount to closed comps ($382). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $935K· $306/sqft
Total list price
Closed comps
vs closed median $1.00M
−$69K (−6.9%)
Active comps
vs active median $950K
−$15K (−1.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $444
−$138 (−31.1%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
21798 Ridgedale DriveLake Mathews1991422,190118,919$434$950,0005875
18570 Halter LaneRiverside1979432,209108,029$475$1.05M15964
20627 Bushton PlacePerris1973341,887104,108$424$799,9991861
Total: 3 · Average3.73.02,095.333110,352$444.333$933,33378.33333333333333
Median2,190$950,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
20626 Dunsmuir PlacePerris200101/23/2026322,555106,722$825,000$815,000$3190.997770
20705 OnaknollLake Mathews197607/01/2026422,382115,434$999,880$1.00M$4211.0013863
20370 LakeridgePerris197906/25/2026543,571121,097$1.10M$1.01M$2840.926963
20785 Villa Knoll DrivePerris197712/05/2025322,79498,010$980,000$980,000$3511.0010158
22744 Rolling MeadowsPerris197910/27/2026331,987409,464$1.10M$1.06M$5330.9614452
Total: 5 · Average3.62.62,657.8170,145.4$974,800$974,800$381.6—105.8
Median2,555$1.00M$1.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.